Investments and investor services
FTSE 100 plunges 1.23% to below 7,000 after BoE rate decision
In the currency markets, the pound is up 0.13% against the Euro, but down 0.20% against the US dollar.
Company
Sound Energy PLC
LON:SOU
Sound Energy PLC is a transition energy focused business. The company's Micro LNG project aims to bring much-needed gas supply to Morocco, reducing the reliance on imported LPG, and playing an important role in the transition to lower carbon energy sources. Gas is also planned to be sold to local power stations via pipeline links, and surplus gas may be sold into the Greater Middle East, displacing the reliance on coal.
688 stories · page 12 of 35
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Sound Energy secures eight-year agreement for Sidi Moktar gas project in Morocco
"Sidi Moktar represents an exciting second leg to our Moroccan portfolio, following on from Sound Energy's success at Tendrara,” said James Parsons, Sound chief executive
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“Success at any one of these wells ... will likely be a step change in this new hydrocarbon province."
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The FTSE 100 index – which is chock full of dollar earners – closed around 108 points lower at 7,170
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